Brunswick Rail, one of the leading Russian private freight railcar operating lessors, has signed a three year contract with Extes-Transport, a major transporter of mineral fertilizers and chemical products in Russia, the CIS and Baltic countries, the BR news release said.
In February-March 2012 Brunswick Rail will provide Extes-Transport with 225 railcars: 125 gondolas and 100 boxcars. All of the leased railcars were produced in 2012 at Armavir Heavy Machine Plant. The gondolas are to be used for transportation of mineral fertilizers, timber, metal and gravel, while the boxcars are intended for chemical products, household goods and food.
Brunswick Rail Deputy CEO and Business Development Director Vladimir Khoroshilov said: “We are pleased that more and more large transportation and industrial companies choose Brunswick Rail as a long term partner. Since our founding, Brunswick Rail has provided customers with guaranteed access to a fleet of modern freight railcars, which has enabled us to become one of the largest companies in Russia’s railcar operating lease market.”
Extes-Transport CEO Artem Ogurtsov said: “Our company is growing and we are increasing the railcar fleet we operate. Brunswick Rail offered an optimal solution and we look forward to developing our cooperation further.”
About Brunswick Rail
Brunswick Rail is one of the leading Russian freight railcar operating lessors, according to INFOLine estimates, with a fleet of over 20,000 modern railcars. Independence, a strong strategic track record and in-depth market knowledge have allowed Brunswick Rail to earn its position as a reliable partner for many of Russia’s blue-chip industrial and transportation companies by helping them in meeting their growing transportation needs. The majority of Brunswick Rail's railcars are gondolas (72%) and mineral hoppers (16%), with boxcars, platforms and tank cars making up the remainder (12%).
About Extes-Transport
Extes-Transport has 15 years of experience in freight operating and forwarding. Today the company has more than 1,500 railcars, including mineral railcars, gondolas and boxcars. Extes-Transport owns the Abdulino Railcar Maintenance Centre on the South-Ural railways. The company has been developing rapidly its automotive business, and in 2011 it acquired 25 container trucks.